BorgWarner reported revenue of approximately $14.4 billion for fiscal year 2024, roughly flat year over year as the company divested several combustion-focused businesses while integrating EV-related acquisitions. The powertrain supplier's top line has been reshaped by its ongoing Charging Forward strategy, with electric and hybrid vehicle content now representing a growing share of total revenue.
BorgWarner Revenue
BorgWarner Annual Revenue
| Year | Revenue (USD) | YoY Change |
|---|---|---|
| 2015 | $8.0B | — |
| 2016 | $7.9B | −1.3% |
| 2017 | $9.8B | +24.1% |
| 2018 | $9.7B | −1.0% |
| 2019 | $9.8B | +1.0% |
| 2020 | $10.2B | +4.1% |
| 2021 | $14.8B | +45.1% |
| 2022 | $15.8B | +6.8% |
| 2023 | $14.2B | −10.1% |
| 2024 | $14.4B | +1.4% |